TELUS Co. (TSE:T) (NYSE:TU)‘s stock had its “sector perform” rating reaffirmed by investment analysts at Scotiabank in a research report issued to clients and investors on Friday. They currently have a C$44.00 price objective on the stock. Scotiabank’s price target would indicate a potential upside of 1.45% from the company’s previous close.

Several other research analysts have also weighed in on the stock. TD Securities reiterated a “hold” rating and set a C$45.00 price objective on shares of TELUS in a report on Monday, November 7th. Canaccord Genuity upgraded shares of TELUS from a “hold” rating to a “buy” rating and increased their price objective for the stock from C$45.00 to C$47.00 in a report on Thursday, January 5th. National Bank Financial increased their price objective on shares of TELUS from C$44.00 to C$46.00 and gave the stock an “outperform” rating in a report on Tuesday, February 7th. Finally, Desjardins cut their price objective on shares of TELUS from C$50.00 to C$49.00 in a report on Wednesday, December 21st. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of C$46.60.

Analyst Recommendations for TELUS (TSE:T)

Shares of TELUS (TSE:T) traded up 0.79% on Friday, hitting $43.37. 2,392,229 shares of the stock traded hands. The firm has a market cap of $25.59 billion and a P/E ratio of 21.05. TELUS has a 12-month low of $38.83 and a 12-month high of $44.40. The firm’s 50-day moving average is $43.63 and its 200 day moving average is $42.95.

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 3rd. Investors of record on Friday, March 10th will be issued a $0.48 dividend. This is a positive change from TELUS’s previous quarterly dividend of $0.46. This represents a $1.92 annualized dividend and a yield of 4.43%.

This piece of content was first published by Watch List News and is owned by of Watch List News. If you are viewing this piece of content on another domain, it was illegally stolen and republished in violation of international copyright and trademark legislation. The original version of this piece of content can be accessed at

TELUS Company Profile

TELUS Corporation (TELUS) is a telecommunications company. The Company provides a range of telecommunications services and products, including wireless and wireline voice and data. Its data services include Internet protocol, television (TV), hosting, managed information technology and cloud-based services, and certain healthcare solutions.

Receive News & Ratings for TELUS Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TELUS Co. and related companies with Analyst Ratings Network's FREE daily email newsletter.